Bitcoin with ticker BTCUSD remains in higher degree uptrend as prices broke to new ATH back in March before making some new pullback. On a daily chart we can still see it consolidating within wave 4 correction, which can ideally be a bullish triangle pattern before a continuation higher for wave 5 of III, unless we will see a flat correction within higher degree IV that can retest 55k-50k support zone.

We will discuss this and much more in our webinar today on Monday June 17 2024 at 15.00 CET.
More By This Author:
Silver Slowed Down Within A Corrective Structure
Kaspa Remains Strong Within An Impulsive Rally
Crude Oil Can Be Trapped In A Triangle Range




Comments
Log in or sign up to join the conversation.